(Bloomberg) --Oil-pipeline giant Energy Transfer LP must pay $410 million for scuttling a $33 billion merger with rival Williams Cos. over a tax flaw in the deal, a judge concluded. Since Dallas-based Energy Transfer -- owned by billionaire Kelcy Warren -- successfully pulled the plug on the 2016 combination, it’s required under the merger agr...

FORT WORTH, TX - FireBird Energy has completed an acquisition of operated assets located in the Midland Basin from Chevron U.S.A. Inc. and Chevron Midcontinent, L.P.  Leaseholdings included in the transaction total approximately 21,000 acres. Travis F. Thompson, CEO of FireBird, said "This transaction will be our second major a...

(Bloomberg) --Kuwait’s candidate to take over as OPEC’s top diplomat has widespread support from the group’s members, delegates said. Haitham al-Ghais, an executive at Kuwait Petroleum Corp., has backing from a number of nations to succeed Mohammad Barkindo as secretary-general, said the delegates, who asked not to be identified discussing...